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QMB Chapter 7

1. The document discusses linear programming models and whether certain mathematical relationships can be found within them. It also provides examples of solving linear programming problems and maximizing profit for a manufacturing company. 2. A case study examines a golf bag manufacturing company that wants to maximize total profit. Variables are defined for the number of standard and deluxe bags produced. Constraints are defined regarding production hours. 3. The optimal solution is to produce 540 standard bags and 252 deluxe bags, earning a total profit of $7,668. Production time is scheduled for each operation and slack time is calculated.

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0% found this document useful (0 votes)
228 views

QMB Chapter 7

1. The document discusses linear programming models and whether certain mathematical relationships can be found within them. It also provides examples of solving linear programming problems and maximizing profit for a manufacturing company. 2. A case study examines a golf bag manufacturing company that wants to maximize total profit. Variables are defined for the number of standard and deluxe bags produced. Constraints are defined regarding production hours. 3. The optimal solution is to produce 540 standard bags and 252 deluxe bags, earning a total profit of $7,668. Production time is scheduled for each operation and slack time is calculated.

Uploaded by

Nashon Reiner K
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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Running header: WEEK 6: WORK 1


Week 6: Work
1. Which of the following mathematical relationships could be found in a linear
programming model, and which could not? For the relationships that are unacceptable for
linear programs, state why.
a. -1A +2B < 70
Cannot be found in a linear programming model as a linear programming model can only
consist of positive linear numbers and this equation contains a negative number.
b. 2A - 2B =50
Can be found in a linear programming model.
c. 1A -2B2 < 10
Cannot be found in a linear programming model as the equation contains non-linear

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numbers or equations.

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Cannot be found in a linear programming model, as a square root does not always equal a
positive linear number.
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e. 1A +1B=6
Can be found in a linear programming model.
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f. 2A +5B +1AB < 25


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Can be found in a linear programming model.


2. Find the solutions that satisfy the following constraints:
a. 4A + 2B <16
ed d
ar stu

A= 0 = 2B = 16 = B = 8
B = 0 = 4A = 16 = .25
4(.25) + 2(8)
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4(.25) + 2(8) = 17
B= 0 for equation to equal or be less than 16.
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b. 4A + 2B >16
sh

4(.25) + 2(8) > 16


A > .25 for 4A + 2B > 16

c. 4A +2B =16

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A = .25 for 4A + 2B = 16
4(.25) + 2(8) = 16
7. Identify the feasible region for the following set of constraints:
0.5A + 0.25B > 30
A= 0 = 0.25B = 30 = B = 120
B= 0 = .5A = 30 = A = 50
.5(50) + .25(120) = 55
1A + 5B > 250
A= 0 = 5B = 250 = B = 50
B = 0 = 1A = 250 = A = 250
0.25A + 0.5B< 50
A= 0 = .5B = 50 = B = 100
B = 0 = .25A =50 = A = 200
A, B > 0

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10. For the linear program find the optimal solution using the graphical solution procedure.

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What is the value of the objective function at the optimal solution?

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Max 2A + 3B

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s.t.
1A + 2B < 6 rs e
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5A + 3B < 15
A, B > 0
1A + 2B < 6
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C= 2A + 3B =
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Max 2A + 3B
Feasible points = (0,3) (3,0 ) (1.7, 2.1)

(0,3) - 2(0) +9 = 9
ed d

2(3) + 3(0) = 6
ar stu

2(1.9) + 3(2.1) = 9.7

Optimal solution is ( 1.7, 2.1)


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(My version of excel won’t allow me to extend the lines or plot more than a few lines at once;
I’ve tried since my first Stats class to rectify this but MS and Apple do not get along).
14. Par, Inc., is a small manufacturer of golf equipment and supplies. Par’s distributor
sh

believes a market exists for both a medium-priced golf bag, referred to as a standard
model, and a high-priced golf bag, referred to as a deluxe model. The distributor is so
confident of the market that, if Par can make the bags at a competitive price, the
distributor will purchase all the bags that Par can manufacture over the next three months.
A careful analysis of the manufacturing requirements resulted in the following table, which

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3
Running header: WEEK 6: WORK 1
shows the production time requirements for the four required manufacturing operations
and the accounting department’s estimate of the profit contribution per bag:
Production Time (hours)
Cutting Inspection Profit
and and per
Product Dyeing Sewing Finishing Packaging Bag
Standard 7/10 1/2 1 1/10 $10
Deluxe 1 5/6 2/3 1/4 $9
The director of manufacturing estimates that 630 hours of cutting and dyeing time, 600
hours of sewing time, 708 hours of finishing time, and 135 hours of inspection and
packaging time will be available for the production of golf bags during the next three
months.
a. If the company wants to maximize total profit contribution, how many bags of each
model should it manufacture?
Let S = number of standard bags
D = number of deluxe bags

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Max 10S + 9D
s.t.

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7/10S + 1D 630 Cutting and dyeing
1/2 S + 5/6D 600 Sewing

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1S + 2/3D
1/10S + 1/4D rs e
708 Finishing
135 Inspection and packaging
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S, D ³ 0
Optimal Solution: S = 540 and D = 252
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b. What profit contribution can Par earn on those production quantities?


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Profit = $7668

c. How many hours of production time will be scheduled for each operation?
ed d

Department Production Time


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Cutting and Dyeing 630


Sewing 480
Finishing 708
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Inspection and Packaging 117


Th

d. What is the slack time in each operation?


Department Production Time Slack
sh

Cutting and Dyeing 630 0


Sewing 480 120
Finishing 708 0
Inspection and Packaging 117 18

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4

Resource:

Anderson, Sweeney, Williams, Camm, Cochran, Fry & Ohlmann (2010). Quantitative Methods

for Business (12th ed.). Mason, Ohio: Cengage Learning.

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